BREAKDOWN OF EMPLOYMENT COSTS IN TRANSPORTATION OCCUPATIONS

BREAKDOWN OF EMPLOYMENT COSTS IN TRANSPORTATION OCCUPATIONS

The increased share of wage and salary in total employment cost during the
last year was also observed among transportation occupations. Between the third
quarter of 2001 and the third quarter of 2002, total compensation of transportation
occupations increased 2.96 percent, while wages and salaries of transportation
occupations increased 3.71 percent, indicating benefits increased at a slower
rate during the same period.

Transportation Occupations (Index)

Q3 01

Q3 02

Wages and salaries (private)

131.88

136.78

Wages and salaries (private) percent change from same quarter previous year

4.07

3.71

Total compensation (private)

132.31

136.22

Total compensation (private) percent change from same quarter previous year

4.10

2.96

NOTES: The current value is compared to the value from the same period in the
previous year to account for seasonality.

Employment costs of transportation industry is the weighted average of the
employment costs of all occupations working in transportation industries, including
nontransportation industries. Employment costs of transportation occupations is
the weighted average of the employment costs of all transportation occupations,
including those working in nontransportation industries, such as truck drivers
working for retail stores.

The base period of the original index is Q2 1989. The first quarter of 1992
is set to be the new reference point (=100) by dividing the values of the original
index by the value of Q1 1992 in the original index. It is important to point
out that this process changes only the reference point, and not the base period
of the index because the weight structure of the index did not change.